Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Strapping Materials Market by Type (Steel, Polypropylene, Polyester), By Application (Food & Beverage, Industrial Logistics & Warehouse, Corrugated Cardboard & Paper, Newspaper & Graphics, Building & Construction, Metal) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Strapping Materials Market by Type (Steel, Polypropylene, Polyester), By Application (Food & Beverage, Industrial Logistics & Warehouse, Corrugated Cardboard & Paper, Newspaper & Graphics, Building & Construction, Metal) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143996 3300 Chemical & Material 377 233 Pages 4.6 (43)
                                          

Market Overview:


The global strapping materials market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for strapping materials from various end-use industries, such as food & beverage, industrial logistics & warehouse, corrugated cardboard & paper, newspaper & graphics, building & construction and metal. Steel is the most commonly used type of material in strapping applications owing to its high tensile strength and durability. However, polypropylene is witnessing high growth due to its low weight and resistance against corrosion.


Global Strapping Materials Industry Outlook


Product Definition:


Strapping materials are used to secure and stabilize cargo during shipment. They can be made of metal, plastic, or fiberglass and are often used in combination with bands, wire ties, or clamps. Strapping materials help to ensure that cargo is securely packed and less likely to shift during transport.


Steel:


Steel is a metal and has different forms such as carbon steel, alloy steel, low-alloy steels (laser), high-alloy steels (tensile strength), stainless steel, and others. It's major use in the strapping materials market is for manufacturing of straps or banding which are widely used in packaging industry.


Polypropylene:


Polypropylene is a thermoplastic polymer and it can be recycled and used over & over again. It has high chemical & temperature resistance, excellent mechanical strength, transparency, softness & clarity. Polypropylene (PP) straps are lightweight; they have the ability to carry heavy loads for a long time without breaking or fatigue.


Application Insights:


The food and beverage application segment led the global strapping materials market in 2017. This is attributed to rising demand for packaged foods, beverages and other products from various end-use industries. The growth of the food industry has been phenomenal over the past few years, owing to an increase in per capita disposable income levels across most of developed countries including U.S., Germany, UK, France along with emerging economies such as China and India. As a result, demand for packaging solutions is also expected to grow over the forecast period globally.


Regional Analysis:


Asia Pacific was the largest regional strapping materials market in 2017 and accounted for a revenue share of over 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to growing industrialization, rising population, and increasing foreign investments coupled with favorable government policies in developing economies such as China and India.


The Asia Pacific economy has been witnessing strong growth since 2010 on account of rapid industrialization along with an upsurge in foreign investments especially from Japan, South Korea, Taiwan Province of China (Taiwan), Hong Kong (China), Singapore (Singapore) among other Southeast Asian countries. These factors are anticipated to propel industry expansion at a healthy CAGR during the forecast period.


Growth Factors:


  • Increasing demand from end-use industries: The global Strapping Materials market is witnessing a significant growth due to the increasing demand from end-use industries such as construction, automotive, and packaging.
  • Growing popularity of strapping machines: The growing popularity of strapping machines is another key factor driving the growth of the Strapping Materials market. These machines are used for efficient and faster application of straps around products or packages, which helps in reducing labor costs and improving productivity.
  • Rising concerns over product safety: With an increase in product recalls and safety concerns, manufacturers are increasingly usingstraps to secure products during transit or storage, thereby propelling the growth of the Strapping Materials market.
  • Technological advancements: Ongoing technological advancements in strap materials are helping manufacturers offer better quality straps that can withstand high pressure and temperature fluctuations without any damage to the products being strapped. This is further propellingthegrowthofStrappingMaterialsmarketin various regions across the globe.. 5 Emerging economies offer lucrative opportunities: A number of emerging economies such as China, India, Brazil, Mexico etc., offer lucrative opportunities for players operating intheStrappingMaterialsmarketdue to their booming industrial sectors

Scope Of The Report

Report Attributes

Report Details

Report Title

Strapping Materials Market Research Report

By Type

Steel, Polypropylene, Polyester

By Application

Food & Beverage, Industrial Logistics & Warehouse, Corrugated Cardboard & Paper, Newspaper & Graphics, Building & Construction, Metal

By Companies

3M Company, Mosca GmbH, Cyklop International, Strapack, Inc, Polychem Corporation, Signode Packaging Systems Corporation, Dynaric, Inc, Unipack, Panorama Packaging Pvt. Ltd., Plastofine Industries, Signode Packaging Systems Corporation, Signor Polymers Pvt. Ltd., Titan Umreifungstechnik GmbH & Co. KG

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Strapping Materials Market Report Segments:

The global Strapping Materials market is segmented on the basis of:

Types

Steel, Polypropylene, Polyester

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Food & Beverage, Industrial Logistics & Warehouse, Corrugated Cardboard & Paper, Newspaper & Graphics, Building & Construction, Metal

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. 3M Company
  2. Mosca GmbH
  3. Cyklop International
  4. Strapack, Inc
  5. Polychem Corporation
  6. Signode Packaging Systems Corporation
  7. Dynaric, Inc
  8. Unipack
  9. Panorama Packaging Pvt. Ltd.
  10. Plastofine Industries
  11. Signode Packaging Systems Corporation
  12. Signor Polymers Pvt. Ltd.
  13. Titan Umreifungstechnik GmbH & Co. KG

Global Strapping Materials Market Overview


Highlights of The Strapping Materials Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Steel
    2. Polypropylene
    3. Polyester
  1. By Application:

    1. Food & Beverage
    2. Industrial Logistics & Warehouse
    3. Corrugated Cardboard & Paper
    4. Newspaper & Graphics
    5. Building & Construction
    6. Metal
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Strapping Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Strapping Materials Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Strapping materials are a type of binding agent that is used to secure objects together. Strapping materials can be made from a variety of different substances, including rubber, plastic, and metal. They are often used in construction and engineering applications, such as to hold panels together during manufacturing or installation.

Some of the key players operating in the strapping materials market are 3M Company, Mosca GmbH, Cyklop International, Strapack, Inc, Polychem Corporation, Signode Packaging Systems Corporation, Dynaric, Inc, Unipack, Panorama Packaging Pvt. Ltd., Plastofine Industries, Signode Packaging Systems Corporation, Signor Polymers Pvt. Ltd., Titan Umreifungstechnik GmbH & Co. KG.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Strapping Materials Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Strapping Materials Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Strapping Materials Market - Supply Chain
   4.5. Global Strapping Materials Market Forecast
      4.5.1. Strapping Materials Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Strapping Materials Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Strapping Materials Market Absolute $ Opportunity

5. Global Strapping Materials Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Strapping Materials Market Size and Volume Forecast by Type
      5.3.1. Steel
      5.3.2. Polypropylene
      5.3.3. Polyester
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Strapping Materials Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Strapping Materials Market Size and Volume Forecast by Application
      6.3.1. Food & Beverage
      6.3.2. Industrial Logistics & Warehouse
      6.3.3. Corrugated Cardboard & Paper
      6.3.4. Newspaper & Graphics
      6.3.5. Building & Construction
      6.3.6. Metal
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Strapping Materials Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Strapping Materials Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Strapping Materials Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Strapping Materials Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Strapping Materials Demand Share Forecast, 2019-2026

9. North America Strapping Materials Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Strapping Materials Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Strapping Materials Market Size and Volume Forecast by Application
      9.4.1. Food & Beverage
      9.4.2. Industrial Logistics & Warehouse
      9.4.3. Corrugated Cardboard & Paper
      9.4.4. Newspaper & Graphics
      9.4.5. Building & Construction
      9.4.6. Metal
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Strapping Materials Market Size and Volume Forecast by Type
      9.7.1. Steel
      9.7.2. Polypropylene
      9.7.3. Polyester
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Strapping Materials Demand Share Forecast, 2019-2026

10. Latin America Strapping Materials Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Strapping Materials Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Strapping Materials Market Size and Volume Forecast by Application
      10.4.1. Food & Beverage
      10.4.2. Industrial Logistics & Warehouse
      10.4.3. Corrugated Cardboard & Paper
      10.4.4. Newspaper & Graphics
      10.4.5. Building & Construction
      10.4.6. Metal
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Strapping Materials Market Size and Volume Forecast by Type
      10.7.1. Steel
      10.7.2. Polypropylene
      10.7.3. Polyester
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Strapping Materials Demand Share Forecast, 2019-2026

11. Europe Strapping Materials Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Strapping Materials Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Strapping Materials Market Size and Volume Forecast by Application
      11.4.1. Food & Beverage
      11.4.2. Industrial Logistics & Warehouse
      11.4.3. Corrugated Cardboard & Paper
      11.4.4. Newspaper & Graphics
      11.4.5. Building & Construction
      11.4.6. Metal
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Strapping Materials Market Size and Volume Forecast by Type
      11.7.1. Steel
      11.7.2. Polypropylene
      11.7.3. Polyester
   11.8. Basis Point Share (BPS Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Strapping Materials Demand Share, 2019-2026

12. Asia Pacific Strapping Materials Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Strapping Materials Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Strapping Materials Market Size and Volume Forecast by Application
      12.4.1. Food & Beverage
      12.4.2. Industrial Logistics & Warehouse
      12.4.3. Corrugated Cardboard & Paper
      12.4.4. Newspaper & Graphics
      12.4.5. Building & Construction
      12.4.6. Metal
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Strapping Materials Market Size and Volume Forecast by Type
      12.7.1. Steel
      12.7.2. Polypropylene
      12.7.3. Polyester
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Strapping Materials Demand Share, 2019-2026

13. Middle East & Africa Strapping Materials Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Strapping Materials Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Strapping Materials Market Size and Volume Forecast by Application
      13.4.1. Food & Beverage
      13.4.2. Industrial Logistics & Warehouse
      13.4.3. Corrugated Cardboard & Paper
      13.4.4. Newspaper & Graphics
      13.4.5. Building & Construction
      13.4.6. Metal
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Strapping Materials Market Size and Volume Forecast by Type
      13.7.1. Steel
      13.7.2. Polypropylene
      13.7.3. Polyester
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Strapping Materials Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Strapping Materials Market: Market Share Analysis
   14.2. Strapping Materials Distributors and Customers
   14.3. Strapping Materials Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. 3M Company
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Mosca GmbH
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Cyklop International
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Strapack, Inc
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Polychem Corporation
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Signode Packaging Systems Corporation
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Dynaric, Inc
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Unipack
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Panorama Packaging Pvt. Ltd.
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Plastofine Industries
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Signode Packaging Systems Corporation
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Signor Polymers Pvt. Ltd.
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Titan Umreifungstechnik GmbH & Co. KG
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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